How Southeast Asia is Lifting the Economy

Southeast Asian stock markets are doing better than the rest of Asia this year. The WSJ's Jake Lee tells us which emerging market we should look out for.

This transcript has been automatically generated and may not be 100% accurate.

I ... the ... market and Southeast Asia staged a spectacular year as December almost rustic close ... welcome to Asia Today and my because Sanchanta with me to discuss this trend is Jake Lee are Markets editor for The Wall Street Journal ... take ... everyone to think that it was tight and it did really well but actually the Southeast Asian economies with a deal with if you see it in a beauty full costs is the most extraordinary story a resource that China's huge curtain you would see some more colonies in Southeast Asia ... I'm no at better than the Philippines and Thailand but is up thirty percent release of the time that somehow the top performer ... and to ... read the number one reason every store Asus's is rising middle cost of domestic story of domestic consumption people buying everything from food travel says if they ... even to things like gaming ... to people who read excites it about these of emerging economies that are ... on the FriendFeed a managing is is a story or hearing so a great year for them ... if economies aren't truly out of the weapon in Thailand we were stuffing a lot of political instability but clearly that's not affecting ... the equities markets at all what does a basically about the timing seemed just last month the soul and protest retake this tree strikes to pick out a unit ... but will be the same two assists ... and in a context ... at times has sought shove bullet aisle Fiscal ... even have ... to stay in a very a is actually frankly pretty good ... and the amount of space history seen ... from the red shows the what ever have he has been much less than in previous years to the flashy feel ... I've that if given the last is a vote to see things a lot more stable in Thailand ... people so of course ... we have the horrible flooding Aussie of the PC at Batman's has been a huge sessions the rebuilding of this stock on a specific he has helped a ton in the country ... betting on the South East Asia economies is that domestic investors are putting their money and and institutions ... or is it mostly foreigners ... if the land of the Tweed Machine Tool into something for investors ... at times they tend to have a subdued to the bigger money has been more marginal climate so that ... pushes up the stalks ... say allowed as before from outside their respects excited ... inside and ... I guess that so that less investment or says may pretend to being blind or along just thirty pin up model for foreign fighters can do that the crease and cake ... but ... two of the hottest economy is Malaysian indication they'll Indonesia's benevolence early this year and have incendiary as well as Thailand's ... for the Philippines and Malaysia instead of a lackluster even though without a lot of IPO activity this year showing at this the blackout of the region even lessons uneasy I think UPS and find peace and the speed ... of it quite strange to have to the world's biggest ICU's detection today was because fight inside yes ... say people with badges I think ... because ... that is to receive news that has the most is coming off the ball where is the gas that time the Philippines race of catching up ... I'm any means he reaches into the rhetoric and repeat especially the currencies especially the hair but the stock's just for them in the red on the backs of fifteen sixteen percent ... the people notice you're excited as they have been I'm again icing that's just because is just catching up from using uses the favor excitement which is kind of them on the level ... looking ahead to next year what are some of the trends that people are expecting in the top officials ... well it's been a strange IDB's chicken sandwich events happened in Asia we looking ahead to next year ... I'd doesn't look that is a lot of big events on the horizon people as they do is to date they expect this trend continues said that's over excited but they're on any big major events pushed over to get through this over the fiscal cliff in the U S this ... year even as the likeness of the region is just conditional on some of the aisle three cents and for the region ... and then hand them what to see whether the so the town around credit in China which is crucial ... for the Southeast Asian economies because of the plan called sees Apple continues to ... raise the two things that people the people but they thought that ... he